Behavior economy introduced through prospect theory (Kahneman and Tversky, 1979) is generally understood as the one that disapproves »previous« libertarian theories developed by Hayek, von Mises and Friedman, to name just few of them. As shall explain further, the alleged… Continue Reading →

Decentralisation is one of strongest points of blockchains. Decentralised smart contracts that rest on blockchain technology tend to break fundamentals of modern society, especially that of third party trust. It seems like that we could avoid centralised institutions of trust… Continue Reading →

What we can be sure by now is that blockchain technology is going to affect the way we live substantially. That does not mean it will change everything. What is my goal for this post is to show that some… Continue Reading →